BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Iran says nuke-deal didn't fulfill all its expectations

The nuclear deal which was achieved between Iran and the P5+1 last month does not fulfill all expectations of the Islamic Republic, Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour said.

However Tehran will remain committed to the deal, Rahimpour underlined in an exclusive interview to Trend news agency.

After several months of talks, on July 14, Iran and the P5+1 (US, Russia, China, France, UK, and Germany) announced a final accord, curbing Iran 's nuclear program in exchange for the lifting of most international sanctions. Following the deal, members of the UN Security Council unanimously passed a resolution on July 20, endorsing the deal.

Referring to the deal as a "win-win" agreement Rahimpour said that it means parties have connived some demands to reach the agreement.

"We believe that the nuclear deal is not only good for Tehran and the P5+1 but for entire world as well," he said, adding that the main process in the agreement is done and now it should enter the implementation phase.

Rahimpour further touched upon the President Hassan Rouhani's foreign policy, saying the president's diplomatic team successfully settled the nuclear case - which turned into a global problem, rather than being only Iran's problem - through a win-win solution.

The statements made by officials around the world, even inside the US and Israel, and their position against Iran is clearly known, indicates that a lot of work was done and the Islamic Republic is the "inventive and winner" of the accord so far, he stressed.

The Iranian diplomat also underlined that Iran's successful foreign policy can not be reversed back.

Even if the US Congress rejects the deal or new tensions rise up ahead it, Iran's successful policy on the issue can not be neglected, Rahimpour said.

The Iranian administration's foreign policy is based on détente and fighting extremism, the diplomat stressed.

"Iran's message for its neighboring countries as well as region and world is clear: friendship, cooperation and relations based on the win-win rule."

He further commented on the future of Iran's economic cooperation in the post-sanctions period, saying Tehran has started negotiations with various countries.

The sanctions imposed on Iran were sanctions against the other countries on the flip side, he said, adding that now the EU members and countries which closed doors for themselves in the past, are opening up again.

"Various delegations are making visits to Tehran and negotiations are held," he said. "We are sure that economic relations between Iran and the other countries will be restored in the coming months."

Rahimpour said that heads of various countries will visit Iran in the near future, without disclosing the details.

Shortly after the nuclear deal, German vice-Chancellor, Sigmar Gabriel visited Tehran, bringing with him a large economic delegation. His visit was followed by the EU foreign policy chief, Federica Mogherini and French Foreign Minister Laurent Fabius visiting the Islamic Republic.

Earlier this week, the UK Foreign Secretary Philip Hammond visited Tehran, as did other high-ranking European officials have a visit to Iran on their agenda.